EUR/GBP – 1H – SELL

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The currency pair could go down.

Then a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a negative signal. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 0.85175 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of support at 0.85405 is also possible.
Consider stop-loss settings accordingly.

Then a ‘Three Outside Down’ candlestick chart pattern is detected. The chart forms ‘Three Outside Down’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.85405 – 0.85404 – 0.85548 – 0.85175 – 0.85188 – 0.85335 —
0.85281 – 0.85309 —
53.072105956811 – 60.958100548597 —
– —
0.85405 – 1783947600

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three Outside Down – – – – – – – – –